News
GST to rate taxpayers, businesses on payment record, make ratings public
- Date:
- April 25, 2017
- Source:
- Economic Times
Trade and industry will be assigned a 'compliance rating' based on their credibility with regard to timely deposit of taxes to the exchequer and filing of returns under the goods and services tax structure. Revenue Secretary Hasmukh Adhia said a system of GST Compliance Rating will be put in place so that every trader or businessman will be rated based on their track record. …